Docebo Inc
Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally. The company's cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Content Marketplace, an access to off-the-shelf learning content a… Read more
Docebo Inc (DCBO) - Net Assets
Latest net assets as of December 2025: $73.96 Million USD
Based on the latest financial reports, Docebo Inc (DCBO) has net assets worth $73.96 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($206.27 Million) and total liabilities ($132.31 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $73.96 Million |
| % of Total Assets | 35.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -61.21% |
| 10-Year Change | N/A |
| Growth Volatility | 205.79 |
Docebo Inc - Net Assets Trend (2017–2025)
This chart illustrates how Docebo Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Docebo Inc (2017–2025)
The table below shows the annual net assets of Docebo Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $73.96 Million | +28.04% |
| 2024-12-31 | $57.76 Million | +13.88% |
| 2023-12-31 | $50.72 Million | -73.61% |
| 2022-12-31 | $192.21 Million | +0.82% |
| 2021-12-31 | $190.66 Million | -4.82% |
| 2020-12-31 | $200.31 Million | +538.30% |
| 2019-12-31 | $31.38 Million | +287.06% |
| 2018-12-31 | $-16.78 Million | -172.53% |
| 2017-12-31 | $-6.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Docebo Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 16884279300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $244.16 Million | 330.14% |
| Other Comprehensive Income | $-7.41 Million | -10.02% |
| Other Components | $20.91 Million | 28.27% |
| Total Equity | $73.96 Million | 100.00% |
Docebo Inc Competitors by Market Cap
The table below lists competitors of Docebo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Villeroy und Boch AG Pfd.
LSE:0OPA
|
$245.56 Million |
|
Banco Patagonia
BA:BPAT
|
$245.57 Million |
|
Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066
|
$245.59 Million |
|
Nantong JiangTian Chemical Co. Ltd.
SHE:300927
|
$245.59 Million |
|
Zhejiang Dilong New Material Co Ltd
SHE:002247
|
$245.48 Million |
|
WAAREE RENEWABLE TECHNOLOGIES LTD
NSE:WAAREERTL
|
$245.45 Million |
|
EH3
F:EH3
|
$245.45 Million |
|
Egis Technology
TWO:6462
|
$245.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Docebo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 57,761,000 to 73,956,165, a change of 16,195,165 (28.0%).
- Net income of 38,168,667 contributed positively to equity growth.
- Share repurchases of 47,873,635 reduced equity.
- Other comprehensive income increased equity by 1,861,517.
- Other factors increased equity by 24,038,616.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $38.17 Million | +51.61% |
| Share Repurchases | $47.87 Million | -64.73% |
| Other Comprehensive Income | $1.86 Million | +2.52% |
| Other Changes | $24.04 Million | +32.5% |
| Total Change | $- | 28.04% |
Book Value vs Market Value Analysis
This analysis compares Docebo Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $-0.17 | $19.84 | x |
| 2018-12-31 | $-0.56 | $19.84 | x |
| 2019-12-31 | $1.29 | $19.84 | x |
| 2020-12-31 | $6.92 | $19.84 | x |
| 2021-12-31 | $5.80 | $19.84 | x |
| 2022-12-31 | $5.65 | $19.84 | x |
| 2023-12-31 | $1.51 | $19.84 | x |
| 2024-12-31 | $1.87 | $19.84 | x |
| 2025-12-31 | $2.52 | $19.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Docebo Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 51.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.46%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.79x
- Recent ROE (51.61%) is above the historical average (6.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -42.70% | 1.80x | 0.00x | $-6.80 Million |
| 2018 | 0.00% | -41.63% | 2.04x | 0.00x | $-9.59 Million |
| 2019 | -37.97% | -28.75% | 0.65x | 2.03x | $-15.05 Million |
| 2020 | -4.00% | -12.74% | 0.25x | 1.27x | $-28.05 Million |
| 2021 | -7.13% | -13.05% | 0.39x | 1.41x | $-32.67 Million |
| 2022 | 3.65% | 4.91% | 0.50x | 1.48x | $-12.20 Million |
| 2023 | 5.60% | 1.57% | 1.14x | 3.12x | $-2.23 Million |
| 2024 | 46.29% | 12.32% | 1.14x | 3.30x | $20.96 Million |
| 2025 | 51.61% | 15.46% | 1.20x | 2.79x | $30.77 Million |
Industry Comparison
This section compares Docebo Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Docebo Inc (DCBO) | $73.96 Million | 0.00% | 1.79x | $245.55 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |